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Midera Food Processing (MFP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 18, 2026

Midera Food Processing (MFP) reported revenue of $245M for the second quarter 2026 (Q2 2026), +13% from a year earlier. Operating margin was 9.7%, net earnings $10.8M (4.4% of revenue).

Revenue$245M
Year over year+13%
Quarter over quarter—
Operating margin9.7%
Net earnings$10.8M

Midera Food Processing, Q2 2026: revenue $245M (+13% year over year), operating margin 9.7%, net earnings $10.8M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$245M—+13%
Gross profit$86.7M—+7%
Operating profit$23.7M—-10%
Net earnings$10.8M—-63%

What changed

Revenue was $245.4M in Q2 2026, up 13% year over year. Equipment and Installation was the largest line at 62% of revenue. Equipment and Installation added $16.6M year over year (up 12%), 58% of the total change.

Gross margin was 35.3%, down 2.0 points from a year earlier. Operating profit was $23.7M, a 9.7% margin (down 2.5 points year over year). Operating profit fell $2.6M even though revenue rose $28.7M versus a year earlier, so costs grew faster than sales. Operating expenses grew 15% against revenue growth of 13%. Net earnings were $10.8M, down 63% year over year. The effective tax rate was 49.3%.

Questions

What was Midera Food Processing's revenue in the second quarter 2026?

Midera Food Processing (MFP) reported revenue of $245M for the second quarter 2026 (Q2 2026), +13% from a year earlier.

Was Midera Food Processing profitable in the second quarter 2026?

Operating profit was $23.7M (9.7% of revenue) and net earnings $10.8M.

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Source: Midera Food Processing 10-Q on SEC EDGAR.